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ID: 2574215 • Letter: C

Question

Chrome File Edit View History Bookmarks People Window Help 52% Fri 11:49 AM E WileyPLUS G Swifty Corp xb 1000 favore x G1. Given Thex G Sun andCom xts current o x enThe Dichte x Chegg Study x x ce secure https://edugen.wileyplus.com/edugen/student/mainfr.uni WleyPLUS: MywleyPLUS I Help I Contact Us I Log Out Kimmel, Accounting, 6e INTRODUCTORY ACCOUNTING 1/ (ACT 221/ 222) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment > Open Assignment TIMER CALCULATOR FULL SCREEN PRINTER VERSION BACK ASSIGNMENT RESOURCES Multiple Choice Question 74 Ch22 Calculation El Multiole Choice xYour answer is incorrect. Try again. Question 78 Multiple Choice Swifty Corporation prepared a fixed budget of 40000 direct labor hours, with estimated overhead costs of $200000 for variable overhead and $90000 for fixed overhead. Swifty then prepared a flexible budget at 39000 labor hours. How much is total overhead costs at this level of activity? Multiplechoice $290000 $285000 $282750 $195000 Question 85 Multiple Choic estion 74 Ch 22 Calculations Ch 22 Calculations culations Click if you would like to Show Work for this question: Open Show Work Review Score Review Results by Study Question Attempts: 1 of 2 usedSAVE FOR LATER SUBMIT ANSWER 307 17

Explanation / Answer

Correct option is $285,000

Explanation

Variable overhead per hour=$200,000/40,000

=$5 per DLH

Overhead costs at 39,000 DLH:

Variable costs:39000×$5=$195,000

Fixed costs=$90,000

Total overhead costs=$285,000

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